Sidma Steel Products Balance Sheet Health
Financial Health criteria checks 3/6
Sidma Steel Products has a total shareholder equity of €19.9M and total debt of €76.5M, which brings its debt-to-equity ratio to 383.6%. Its total assets and total liabilities are €160.8M and €140.9M respectively.
Key information
383.6%
Debt to equity ratio
€76.47m
Debt
| Interest coverage ratio | n/a |
| Cash | €7.50m |
| Equity | €19.93m |
| Total liabilities | €140.91m |
| Total assets | €160.85m |
Recent financial health updates
Recent updates
Sidma S.A. Steel Products (ATH:SIDMA) Could Be Riskier Than It Looks
Mar 02
We Like These Underlying Return On Capital Trends At Sidma Steel Products (ATH:SIDMA)
Jul 26Even With A 28% Surge Cautious Investors Are Not Rewarding Sidma S.A. Steel Products' (ATH:SIDMA) Performance Completely
Jan 21Investors Met With Slowing Returns on Capital At Sidma Steel Products (ATH:SIDMA)
Jan 06Shareholders Would Enjoy A Repeat Of Sidma Steel Products' (ATH:SIDMA) Recent Growth In Returns
May 07These 4 Measures Indicate That Sidma Steel Products (ATH:SIDMA) Is Using Debt Extensively
Dec 05Statutory Earnings May Not Be The Best Way To Understand Sidma Steel Products' (ATH:SIDMA) True Position
Sep 25Returns On Capital At Sidma Steel Products (ATH:SIDMA) Have Stalled
Sep 19Financial Position Analysis
Short Term Liabilities: SIDMA's short term assets (€118.4M) exceed its short term liabilities (€79.5M).
Long Term Liabilities: SIDMA's short term assets (€118.4M) exceed its long term liabilities (€61.5M).
Debt to Equity History and Analysis
Debt Level: SIDMA's net debt to equity ratio (346%) is considered high.
Reducing Debt: SIDMA had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if SIDMA has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SIDMA has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.